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27.09.2013 Huisman Inks First Order for Brazil Facility

Huisman, the worldwide specialist in lifting, drilling and subsea solutions, has received a first order for their new production facility in Brazil.

25.09.2013 Gazprom Neft Doubles Number of Horizontal Wells

Gazprom Neft has doubled its number of horizontal wells affecting investment in its upstream business, the company reported in a news release. The investment programme runs in accordance with the previously approved plans to meet the company’s medium-term and strategic objectives. Gazprom Neft remains an industry leader in terms of efficiency based on operating profitability, return on invested capital and operating cash flow per barrel of oil equivalent.

25.09.2013 ION Introduces Narwhal For Ice Management In Seismic And Drilling Operations

ION Geophysical Corporation (NYSE: IO) today announced the launch of NarwhalTM, the first fully integrated ice management system designed to reduce risk and improve efficiency in seismic data acquisition and drilling operations in or near ice, such as in the Arctic.

18.09.2013 Osage Exploration and Development Announces 608 BOE IP rate on Horizontal Mississippian Well

Osage Exploration and Development, Inc. (OTCBB:OEDV), an independent exploration and production company focused on the Horizontal Mississippian and Woodford plays in Oklahoma, announced today a one day peak IP on the Tontz 2-32H of 608 BOE.

11.09.2013 Max Petroleum Plc Announces Successful Well Results At Sagiz West And Uytas

Max Petroleum Plc has obtained positive drilling results in both its Sagiz West and Uytas fields, the company reported in a news release.

06.09.2013 Siemens To Deliver Power Supply Solution For Drilling Rigs

Siemens Energy has received an order for two complete electrical power generating stations, including Siemens’ "closed ring solution", for supplying offshore drilling rigs with electricity, the company reported in a news release.

03.09.2013 Norway's Offshore Activity to Drive European Drilling Expenditure to $12.8 Billion in 2016

Norway will be Europe’s key offshore oil and gas destination in the near future, with a series of fresh development projects over the next two years driving up the drilling expenditure, according to new research from a business intelligence provider.

03.09.2013 Dana Ahead of Western Isles Drilling Schedule

Dana Petroleum has started drilling operations on its Western Isles development project two months ahead of schedule.

The work is being undertaken by the drilling rig Ocean Nomad, leased from Diamond Offshore, in the Northern North Sea.

30.08.2013 Effective Solutions in Planning Field Development

It is impossible to imagine a modern oil/gas producing field without a reservoir simulation model of the production target. It ensures optimal operations and use of investments, maximum risk reduction at all stages of the field development.

29.08.2013 Max Petroleum Plc Spuds Uts-13 Appraisal Well In Uytas Field

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, has commenced drilling the UTS-13 appraisal well in the Uytas Field on Block A, in KAzakhstan, the company reported in a news release.